|
|
|
Aim to increase textiles exports to $100 bn, Goyal tells exporters
|
|
|
|
Top Stories |
|
|
|
|
SME Times News Bureau | 05 Sep, 2021
India's textile exporters must aim to increase exports to $100 billion
at the earliest, Union Minister Piyush Goyal said on Friday.
In
an interaction session with the country's textile industry held here,
the Union Minister for Commerce & Industry, Textiles, Consumer
Affairs and Public Distribution said: "We must aim to increase textiles
exports three times from present export value of $33 billion to $100
billion of textiles exports at the earliest."
He asked exporters to achive a target of $44 billion in exports of textiles and apparel, including handicrafts, for 2021-22.
He
also called upon the industry to aim to increase domestic production to
$250 billion, and that his ministry is working closely with the Finance
Ministry to resolve the issue of old dues on incentives for exporters.
Goyal
noted that India is showing signs of robust economic recovery as the
Q1FY22 GDP grew by a phenomenal 20.1 per cent and 90 per cent growth was
seen in total FDI inflow in the first three months of FY22 as compared
to same period last year.
|
|
|
|
|
|
|
|
|
|
|
|
|
Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
|
66.20
|
64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
|
|
Daily Poll |
|
|
PM Modi's recent US visit to redefine India-US bilateral relations |
|
|
|
|
|
Commented Stories |
|
|
|
|
|
|
|
|